The AI-driven employee engagement and benefits platform Advantage Club, raised $3.3 Million from Jetty Ventures, Earlsfield Capital, SMC Advisors and other investors. This is an add-on to the recent round of $1.7 million from Y Combinator, Broom ventures, Kunal Shah and others.
With this latest round of funding, the company aims to expand its operations abroad and add more products and features to compete in the $13 billion global HR tech market. The company also plans to continue investing in AI and machine learning to improve its product offerings.
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Sourabh Deorah, CEO and co-founder, Advantage Club, said, “The latest influx of funds will help us bolster our presence internationally and help us hire the right talent to manage our operations globally.”
“We aim to evolve as a single global platform for employee engagement and financial wellness in the SEA and MENA market,” he added.